Source: Calypso Technology, 21 April 2008

Calypso Technology, today announced the annual major version release of its integrated trading application suite to the capital markets industry.

The new version, Version 10 incorporates significant enrichment of front office tools for structuring products and managing real-time intraday risk and P&L

analysis; more robust risk management capabilities on a desk and enterprise level; and new capabilities to the Calypso Fast-Track product, shortening time-to-value during implementations.

"Today, financial services firms are struggling with processing backlogs created by the growing volume of increasingly complex products including treasuries and derivatives. In addition, continued manual processing is slowing innovation and creating additional costs and errors," stated Stephen Bruel, analyst at TowerGroup.

Charles Marston, CEO of Calypso, commented, "Version 10 is designed to enable Calypso users to successfully manage current market challenges and innovate to stay competitive. Additionally, clients can implement Calypso's solutions faster than ever as we ...   more »